Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
Senior living operator opens state’s first elder abuse sanctuary, part of a growing network
By
Kimberly Bonvissuto
Jun 25, 2024
With statistics showing that one in 10 older adults in the United States is a victim of elder abuse, Delaware is joining a growing network committed to sheltering those victims and helping them on the...
People in the news, June 25
By
Eliza Mattson
Jun 25, 2024
Appointments, promotions and other news at The Aspenwood Company, Brookdale Senior Living, Ebenezer Senior Living, Grace Management, the Granger Cobb Institute, Invesque, The Jewish Home Family, Juniper...
A.G. Rhodes openly sharing the path to the future of long-term care via its $37.5M ‘household’ renovation
By
Josh Henreckson
Jun 20, 2024
After nearly a decade of planning, fundraising and a $37.5 million construction and renovation project, Atlanta-based provider AG Rhodes officially opened its new 72-bed “household-model” building...
Researchers implore policymakers to consider assisted living’s ‘unique’ structure before potentially...
By
Kimberly Bonvissuto
Jun 20, 2024
A team of researchers embarking on a four-year study into understanding the characteristics of assisted living communities that are targets for private equity investment — and how those acquisitions...